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calpers.ca.gov. The California Public Employees' Retirement System ( CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families". [3] [4] In fiscal year 2020–21, CalPERS paid over $27.4 billion in retirement benefits, [5 ...
The State Compensation Insurance Fund ( State Fund) is a workers' compensation insurer that was created as a " public enterprise fund" by the U.S. state of California, [1] and today has partial autonomy from the rest of the state government. It is required by state law to maintain its headquarters in San Francisco, [2] but has regional offices ...
www.insurance.ca.gov. The California Department of Insurance ( CDI ), established in 1868, is the agency charged with overseeing insurance regulations, enforcing statutes mandating consumer protections, educating consumers, and fostering the stability of insurance markets in California. The CDI has authority over how the insurance industry ...
California Gov. Gavin Newsom signed AB 2188 into law in September 2022, but a provision of the law prevented it from going into effect until Jan. 1, 2024.
In California, the Employment Development Department ( EDD) is a department of the state government that administers Unemployment Insurance (UI), Disability Insurance (DI), and Paid Family Leave (PFL) programs. The department also provides employment service programs and collects the state's labor market information and employment data.
Currently California employers pay a federal unemployment insurance tax of 1.2% on the first $7,000 of wages per employee, but that will rise incrementally every year so long as California is in ...
The Financial Information System for California began in 2005 with a total of five state employees tasked with replacing one internal facing budget system for the Department of Finance. The focus of the project soon shifted to address the need to modernize the state’s entire financial management process into a single financial management system.
Covered California is the health insurance marketplace in the U.S. state of California established under the federal Patient Protection and Affordable Care Act (ACA). The exchange enables eligible individuals and small businesses to purchase private health insurance coverage at federally subsidized rates. It is administered by an independent ...